Credit account facilities are available upon request for qualifying organisations, subject to credit checks and/or the supply of satisfactory trade references.
Unless otherwise stated payment is strictly within 30 days from the end of month following original invoice date.
(b) Failure to make due payment in respect of deliveries or instalments under this or any other contract between the buyer and the company shall entitle the company to delay, suspend or cancel deliveries in whole or in part at its option.
(c) Any extension of credit allowed to the buyer may be changed or withdrawn at any time.
(d) If payment is not made in full by the date stated on the invoice then the company reserves the right to charge interest to the buyer at a rate of 2% per annum above the base rate from time to time of the Royal Bank of Scotland Plc., on the unpaid balance (such interest to accrue on a day-to-day basis from the date stated on the invoice (as well after as before any judgement).
(e) Payment shall be due whether or not property in the goods has passed by the virtue of clause 5 and the company shall (without prejudice to any other right or remedy) accordingly be entitled to sue for the price once the same is due even if property in the goods has not passed.
(f) If in the opinion of the company the credit worthiness of the buyer shall have deteriorated prior to delivery the company may require full or part payment of the goods prior to delivery or the provision of security for payment by the buyer in a form acceptable to the company.